Ticker 1

DNA Trade Journal

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Monday, 15 January 2018

Cleveland-Cliffs Inc (NYSE: CLF): 15 January 2018, Monday, 8.00pm Singapore Time


Cleveland-Cliffs Inc (NYSE: CLF): 
15 January 2018, Monday, 8.00pm Singapore Time
(Click on Technical Chart above to Enlarge)

Attached is the technicals for Cleveland-Cliffs Inc (NYSE: CLF), an industrial metals and minerals stock that is listed in the US Market (NYSE). Note that this is in line with my 2H-2016 and 1H-2017 fore-warnings to scoop up metals and metal company stocks at the cheap because US will be re-starting its manufacturing engine and infrastructure engine. With China's One Belt One Road also in play, metals, industrial metals and minerals will experience a high demand. In addition, now that commodities' winter is over too (refer to attached CRB Index Link), all the factors summed up means that this stock will soar and roar impulsively. Technicals as illustrated on chart: the stock experienced large double bottom accumulation. This is currently followed by a deliberate breakup of double bottom resistances with high volume. Immediate fast target is $11.05. However, because of the long term economic dynamics as explained earlier, expect at least +100% profits from this quality stock.

Important in-depth cross reference to commodities' technical analysis is as attached below too (Reuters-Jefferies CRB Index).

The Donovan Norfolk Technical Rating:
Highly Bullish
(Strong Buy)

Important Cross-Reference:


Friday, 12 January 2018

Gerdau S.A (NYSE: GCB): 12 January 2018, Friday, 12.26am Singapore Time

Gerdau S.A (NYSE: GGB): 
12 January 2018, Friday, 12.26am Singapore Time
(Click on Technical Chart above to Enlarge)

Attached is the technicals for Gerdau S.A (NYSE: GGB), a steel and iron commodity stock that is listed in the US Market (NYSE). Fundamentally, the projected EPS for this year, next year and the next 5 years are highly positive-biased. Gerdau is also able to generate positive sales despite worldwide commodities' winter of the past 5 years. Now that commodities' winter is over, this stock will soar and roar impulsively. The performance trend is as attached too. 

The volume flow illustrates smart monies relentlessly buying up the stock and holding the stock each time after they bought up. This was then followed by large scale consolidation to further re-accumulate. After a disruptive volume absorption in the market (technical blue box), an impulsive wave of buy-ups followed in end of 2017 and the stock proceeded to break up in January 2018, in sync with my live fore-warnings of an end to commodities' doldrums. 

Gerdau has also executed a large inverse shoulder-head-shoulder re-accumulation. The volume indicating liquidity is healthy and the SMAs are healthy. The healthy trend is your positive best friend. This is in tune with my forewarned Emerging Markets' outperformance to come in 2018 and the Commodity Sector theme of cyclic rotation that is coming. Important in-depth cross reference to commodities' technical analysis is as attached below too (Reuters-Jefferies CRB Index).

The Donovan Norfolk Technical Rating:
Highly Bullish
(Strong Buy)

Important Cross-Reference:


Wednesday, 10 January 2018

Safe Bulkers (NYSE: SB): 10 January 2018, Wednesday, 10.21pm Singapore Time

Safe Bulkers (NYSE: SB): 
10 January 2018, Wednesday, 10.21pm Singapore Time
(Click on Technical Chart above to Enlarge)

Attached above is the technicals for Safe Bulkers Inc (NYSE: SB), a shipping industry related stock that is listed in the NYSE for riding up the bottoming out of the shipping cycle worldwide. In the short term, Safe Bulkers has finished backtesting the band of moving average supports and is awaiting breakup of the red classical resistance line. In the mid-long term, Safe Bulkers is on strong uptrend and the trend is one's best friend. The volume flow has been healthy. For the large background, the baltic dry index indicating the health of the shipping industry had bottomed out (refer BDI link attached). Fundamentally, the forward earnings for Safe Bulkers for next year is expected to be good and forward earnings for the next 5 years is expected to be reasonably decent. Target: +100% upmove.

Previous Baltic Dry Index Analysis as Background:


Tuesday, 9 January 2018

Maritime, Shipping and Ship-Building stocks: 9 January 2018, Tuesday, 10.15pm Singapore Time

Maritime, Shipping and Ship-Building stocks:
9 January 2018, Tuesday, 10.15pm Singapore Time

Do note that WORLDWIDE Maritime, Shipping and Ship-Building stocks are the group of stocks that will hyper rally in 2018 and 2019 too with jaws-breaking outperformance. Super hyper rally for this group of stocks. You have been hereby dumped with The Donovan Norfolk Helicopter Money. Grab it while stocks last. 


Monday, 8 January 2018

Commodities' Cyclical Upturn To Come: Which are the Malaysia's top 8 finest breed which will keep going up in 2018 with minimal risk and maximal upside? 8 January 2018, Monday, 1.58am Singapore Time

Commodities' Cyclical Upturn To Come: 
Which are the top 8 Malaysia's finest breed which will keep going up in 2018 with minimal risk and maximal upside?
8 January 2018, Monday, 1.58am Singapore Time
(Click on Technical Relativity Chart above to Enlarge)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the commodity stocks in Malaysia. The FTSE ST Basic Materials Index is used for the bench-marking process and has been flattened to neutrality for the benchmarking. The litmus result yields the finest breed horse from among the soon to come cyclical upturn of commodity sector worldwide. In essence, we are obtaining the strongest horse and the strong horses that have at least 90% winning edge.

In the short-mid term going into 2018, Sino Hua-An and Heng Yuan came in as the cream of the crop. Hibiscus, Press Metal Aluminium Holdings, Malaysia Steel Works and Guan Chong Bhd make up the next layer of cream for the upcoming commodities cyclic boom. This is then followed by Southern Steel and Ann Joo Resources. The edge for these top 8 commodity stocks usually lasts long. They are generally performing far superior compared to the industry. The trend is likely to carry on in 2018.

As these are the horses with the strongest legs and sufficiently high liquidity, all supports will be successfully absorbed by buy queues. They will have limited downside and maximal upside because the worldwide commodity sector's winter is to come to an end in 2018. 

The Donovan Norfolk Technical Rating:
Bullish
Worldwide Commodity Sector's Cyclical Winter is to come to an official end now

Friday, 5 January 2018

Commodity Cyclical Upturn To Come: Which are the top 3 finest breed for buying? 5 January 2018, Friday, 11.14am Singapore Time

Commodities' Cyclical Upturn To Come: 
Which are the top 3 Singapore's finest breed for buying?
5 January 2018, Friday, 11.14am Singapore Time
(Click on Technical Relativity Chart above to Enlarge)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the commodity stocks in Singapore. The FTSE ST Basic Materials Index is used for the bench-marking process. The litmus result yields the finest breed horse from among the soon to come cyclical upturn of commodities sector worldwide. In essence, we are obtaining the strongest horse that has at least 90% winning edge.

In the short-mid term going into 2018, Olam came in as the cream of the crop. Golden Agri and Bumitama Agri came in 2nd and 3rd respectively. The trend is one's best friend when it comes to performance, and it will be translated from short-mid term to long term from 2018 on. The edge usually lasts long. The 3 commodity equities are generally performing far superior compared to the industry. The trend is likely to carry on in 2018.

As these are the horses with the strongest legs, they will have limited downside and maximal upside because the worldwide commodity sector's winter is to come to an official end in 2018. 

The Donovan Norfolk Technical Rating:
Bullish
Worldwide Commodity Sector's Cyclical Winter is to come to an official end now

China-Hong Kong Banks that are on 10,000 cans of RedBull within some of the Strongest Sectors of International Financial Markets: 5 January 2018, Friday, 1.31am Singapore Time

China-Hong Kong Banks that are on 10,000 cans of RedBull within some of the Strongest Sectors of International Financial Markets:
5 January 2018, Friday, 1.31am Singapore Time
(Click on Relativity Chart above to Expand)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the top few banks in China-Hong Kong that are listed in the HKSE. The SPDR Financial Select Sector Index is used as the bench-marking. The litmus result yields the finest breed horse from among the best of the best among some of the strongest sectors internationally (financial sector). As China is the 2nd largest economy in the world, and often in a league of their own, it would be preferable to compare banks within the HKSE ecosystem.

In the short-mid term going into 2018, the Industrial and Commercial Bank of China (ICBC) came up top while Hang Seng Bank came in 2nd among the pack. The trend is one's best friend when it comes to performance. The edge usually lasts long. Both ICBC and Hang Seng bank are also performing far superior compared to the industry. The trend is likely to carry on.

If one is a Chinese investor with appetite for international/China-HK exposure, then the Industrial and Commercial Bank of China and Hang Seng Bank represent finest breed horses. These are likely to be hard to fall while possessing strong legs to run up smoothly without much resistance for 2018. 

DNA Technical Rating:
Continue to be Very Bullish


Strongest Banks that are on 1000 cans of RedBull -- India Banks versus US Banks: 5 January 2018, Friday, 12.36am Singapore Time

Strongest Banks that are on 1000 cans of RedBull -- India Banks versus US Banks:
5 January 2018, Friday, 12.36am Singapore Time
(Click on Relativity Chart above to Expand)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the top 3 banks in India and the top 4 banks in the US in terms of market capitalisation. The SPDR Financial Select Sector Index is used as the bench-marking process. The litmus result yields the finest breed horse from among the best of the best among some of the strongest sectors internationally (financial sector).

India banks are generally on par with the benchmark when it came to short-mid term performances for the look-ahead into 2018. With business momentum and trend as the best friends, the top 2 banks in this comparison turn out to be Bank of America and JP Morgan. Of particular note however is that something may be brewing positive for State Bank of India for 2018. In November State Bank of India was in fact at one point in time the best performing bank among the tops banks in India and US before it retraced deeper than expected when it reverted to the mean at the benchmark. Out of the top 3 India banks, State Bank of India comes into 2018 as the best performer in the short-mid term and the trend will likely carry on for 2018. This is then followed by HDFC Bank and ICICI Bank respectively. 

DNA Technical Rating:
Continue to be Bullish on India Banks and Very Bullish on US Banks


Thursday, 4 January 2018

Strongest Banks that are on 1000 cans of RedBull -- Philippines Banks versus US Banks: 4 January 2018, Thursday, 12.50am Singapore Time

Strongest Banks that are on 1000 cans of RedBull -- Philippines Banks versus US Banks:
4 January 2018, Thursday, 12.50am Singapore Time
(Click on Relativity Chart above to Expand)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the top 3 banks in Philippines and the top 4 banks in the US in terms of market capitalisation. The SPDR Financial Select Sector Index is used as the bench-marking process. The litmus result yields the finest breed horse from among the best of the best among some of the strongest sectors internationally (financial sector).

With business momentum and trend as the best friends, the BDO Unibank (PSE: BDO) and Bank of America (NYSE: BAC) came up tops in the short-mid term. Both are also performing far superior compared to the industry. Of particular note is that  BDO Unibank (PSE: BDO) is outperforming even Singapore's DBS Bank and US' Bank of America where Singapore (3rd most important financial centre in the world) and US (most important financial centre in the world) are supposed to be conducive environments for the banks. BDO Unibank will continue its trending momentum in 2018 and is a must to have as investment and longs-trade in Philippines. Downside minimal and upside continues to be powerful.

If one is an investor in Philippines with appetite for international exposure, then BDO Unibank and Bank of America represent the finest breed horse which are likely to be hard to fall and possess strong legs to run up smoothly without much resistance for 2018. 

DNA Technical Rating:
Continue to be Very Bullish


Strongest Banks that are on 1000 cans of RedBull -- Malaysia Banks versus US Banks: 4 January 2018, Thursday, 12.15am Singapore Time

Strongest Banks that are on 1000 cans of RedBull -- Malaysia Banks versus US Banks:
4 January 2018, Thursday, 12.15am Singapore Time
(Click on Relativity Chart above to Expand)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the top 3 banks in Malaysia and the top 4 banks in the US in terms of market capitalisation. The SPDR Financial Select Sector Index is used as the bench-marking process. The litmus result yields the finest breed horse from among the best of the best among some of the strongest sectors internationally (financial sector).

Unfortunately, Malaysian banks fell below the benchmark when it came to short-mid term performances for the look-ahead to 2018. With business momentum and trend as the best friends, the top 2 banks in this comparison turn out to be Bank of America and JP Morgan. CIMB Bank came in the weakest, followed by Public Bank and Maybank. Hence to have an outperforming portfolio, it may be more prudent to overweight on US Banks for investors in Malaysia even though Malaysian banks and US banks are on uptrend.

DNA Technical Rating:
Continue to be Bullish on Malaysian Banks and Very Bullish on US Banks


Wednesday, 3 January 2018

Strongest Banks that are on 1000 cans of RedBull within some of the Strongest Sectors of International Financial Markets: 3 January 2018, Wednesday, 11.49pm Singapore Time

Strongest Banks that are on 1000 cans of RedBull within some of the Strongest Sectors of International Financial Markets:
3 January 2018, Wednesday, 11.49pm Singapore Time
(Click on Relativity Chart above to Expand)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the top 3 banks in Singapore and the top 4 banks in the US in terms of market capitalisation. The SPDR Financial Select Sector Index is used as the bench-marking. The litmus result yields the finest breed horse from among the best of the best among some of the strongest sectors internationally (financial sector).

With business momentum and trend as the best friends, the Development Bank of Singapore (SGX: DBS) and Bank of America (NYSE: BAC) came up tops in the short-mid term. Both are also performing far superior compared to the industry. 

If one is a Singaporean investor with appetite for international exposure, then DBS Bank and Bank of America represent finest breed horse which are likely to be hard to fall and possess strong legs to run up smoothly without much resistance for 2018. 

DNA Technical Rating:
Continue to be Very Bullish


Reuters-Jefferies CRB Index, Commodities and Commodity Stocks: 3 January 2018, Wednesday, 9.17am Singapore Time

Reuters-Jefferies CRB Index, Commodities and Commodity Stocks Chart 1: 
3 January 2018, Wednesday, 9.17am Singapore Time
(Click on Technical Chart above to Enlarge)

Attached is the important technicals of Reuters-Jefferies CRB Index for Commodities and Commodity Stocks. The red circled regions are my live fore-warnings back in 2013, 2014 and 2015 warning before price actions get executed that commodities and commodity stocks all over the world will crash and go into their respective commodity sector's winter back in 2013, 2014 and 2015. I also forewarned back in 2013 that Emerging Markets' Equities will cause investors and traders to bleed from 2013-2015 in my live fore-warnings because the primary industries in the lower chain will affect EM economies. All per happened soon after my warnings. With precision, I also forewarned at the start of 2016 that markets will suddenly reverse big time upwards from 1H-2016 on, a time when most people will again and again be caught on the wrong footing just like they did in 2013-2015.

The 3 green regions are my live warnings, forewarning back in 1H-2016, 2H-2016 and 1H-2017 that we will see a big time buying opportunity in commodity stocks and commodities on the cheap. Steel and steel stocks in particular would be the leader for commodities during my analyses back in 2016 and 2017. They indeed became the leader. The rest of the commodities such as grains, raw materials, plantations, etc will all follow suit to rally big. Commodity stocks and plantation stocks are a must-buy now. Crude oil and crude oil related stocks will continue to rally. Gold will rally.

Reuters-Jefferies CRB Index, Commodities and Commodity Stocks Chart 1: 
3 January 2018, Wednesday, 9.17am Singapore Time
(Click on Technical Chart above to Enlarge)

The above Reuters-Jefferies CRB Index, Commodities and Commodity Stocks Chart 2 shows what the commodities, commodity currencies and commodity stocks had generally been doing over the past half year. Amidst the backdrop of large scale bottoming, the short term and mid term has already seen commodities as a whole making plenty of secret supports now (see chart above). The commodity sector has also merely used neutrality in RSI just to test supports and not using oversold to test supports. This is secretly bullish in nature. The recent back-test in GREEN making the 200 days Moving Average Resistance becoming the newfound 200 days M.A LONG TERM SUPPORT had involved the use of oversold-RSI while making the low a much higher low. This is all part of a change to big bullish trend. 2018 and beyond is commodities' year as they switch from winter to new spring. 

In addition, if the lowest chain of an international economy switches to spring, it also means spring turning into hot summer rallies for stock markets all over the world (summer being equated to hot rallies).

DNA Technical Outlook: 
BULLISH.
Happy New Year 2018 to all.


Tuesday, 19 December 2017

Short Term Sector Performance in Wall Street: 19 December 2017, Tuesday, 11.04pm Singapore Time

Short Term Sector Performance in Wall Street: 
19 December 2017, Tuesday, 10.50pm Singapore Time
Chart Courtesy of StockCharts.com
(Click on Sectorial Chart above to Enlarge)

Whether one is an investor or a trader, it is important to note that as we come to the end of the year 2017, smart monies had generally been further grabbing up financial stocks (Banks, Insurance Companies, Finance Companies) and dumping away utility companies (Companies that are provider of water, gas, power, electricity, telecommunications and public transport) to close the year. The rush towards getting rid of dirt and loading up of jewels can be tracked as we close the year 2017. By tracking the 1-month sector performance in Wall Street, this is the best time to peer into the black box of what would be jewels for 2018 and what would be dirt based on smart money actions (refer chart above).

As we go into the new year 2018, expect the dumping of utility sector stocks and loading up of financial sector stocks to carry on. This will bring a heavy downwards selling pressure on utility stocks and on the other hand a strong upwards buying pressure on banking and finance stocks. Expect the industrial sector (manufacturing sector) stocks to outperform like a superstar as well. 

Where Wall Street goes, so goes the world generally. Why are utility companies which give good dividends getting sold off? It is not difficult to learn why. Quoting Investopedia:"The utilities sector is a category of stocks for utilities such as gas and power. The sector contains companies such as electric, gas and water firms, and integrated providers. Because utilities require significant infrastructure, these firms often carry large amounts of debt; with a high debt load, utilities companies become sensitive to changes in the interest rate.". Banks and Finance companies, on the other hand, will continue to earn very good profits in 2018 under the rising rates of 2018. The good performance of industrials and the final rush to grab the industrial sector stocks mean that 2018 will be a strong bull market year. We will have a whole year of bull market in 2018.

Merry Christmas and a Happy New Year 2018 in advance to all.


Tuesday, 5 December 2017

VIX Volatility Index for Market Corrections: 5 December 2017, Tuesday

VIX Volatility Index for Market Corrections: 
5 December 2017, Tuesday
(Click on Technical Chart above to Expand)

Attached is the technicals for the VIX Volatility Index. The VIX has been chalking up slow gains and refused to come down. This means that financial markets will generally go into healthy correction mode and consolidate for December 2017-January 2018. This is in line with previous analysis on Singapore Straits Times Index, the best indicator for worldwide markets. This also means that, together with US and Singapore, worldwide financial markets will retrace healthily too and build a base in December 2017 and January 2018 for further bull market rallies.

We will start 2018 at lower points with respect to November-December 2017 price-action points. In doing so, this ensures that all supports are back-tested and long term bull markets are double confirmed at higher points by the time worldwide markets open the new year 2018. Once the new year 2018 starts, a new wall of worries would had been erected for the weak-minded traders and investors, and a handful of market investors would be shaken out again. This is good. This will then set the launchpad for Asian markets' historical highs in 2018/2019.

Reference: 
<< Straits Times Index and what to expect next? >>
https://donovan-ang.blogspot.com/2017/11/singapore-straits-times-index-what-to.html

Friday, 1 December 2017

Exponentiation, How Distribution Works, Absoluteness-Relativity and Financial Speculation



Someone asked me why the use of 2^13 and 2^14? 
This is a good question.

It is all about exponentiation at specific points.
An exponential function is a mathematical function of the following form: f ( x ) = a ^x. where x is a variable, and a is a constant called the base of the function. The most commonly encountered exponential-function base is the transcendental number e , which is equal to approximately 2.71828; a=2 is also an important relation in natural law governing the universe.

When 2^12=$4096 was broken up, the next natural phase was to go for 2^13=$8196, which was why I had given a rough target of $8000-$9000 a few months ago. This was consistent with my illustration of past history using past exponentiation bubbles in Gold, Nikkei-225, NASDAQ and Iron Ore. In fact, Tulips followed the same path.

As my target few months ago was near psychological resistance of $10000, I gave the target of $10000 too in case it over-runs. It did. And I would had expected Bitcoins to make its true peak from around this over-run area and start its crashing journey. However, 2 main issues caused me to judge that this is not true peak for Bitcoins: 1. too much pessimistic coverage on international media 2. NASDAQ listing in addition to earlier CME introduction of Bitcoins for trading.

This means that there is not enough platform to chalk up shorts against the Bitcoin bubble which is a highly lucrative business. It also means that for the next 1-3 years, Bitcoins will not crash because the bubble will have to blow larger towards the next destination and the next destination is the power of 14 giving $16,384 as the set-up. This will take 1-3 years for stories to sell.

The grandmothers and people on the streets, including traders and investors, need to make some money from $10,000-$16,384 area so that they will also help sell the stories and spread messages about how their Bitcoin investments are giving them nice returns. This takes time. It is a process. It also allows time for chalking up of shorts against them. Everyone will have to feel good and everyone will brainwash everyone that Bitcoins and Cryptocurrencies are the digital future, much like NASDAQ Tech bubble of 2001.

From $10,000-$16,384, this will look like a high gain of more than six thousand dollars per coin, but it is just a gain of 63.84% (6384/10000). However, embedded within such a gain is an enormously high downside crash of 90%-99%.

Most people are not very smart in this world. They see things in absolute terms. But the real world works in relative terms. It is what made Albert Einstein brilliant, because he sees things in relative term every day, and trains his mind for that, which is why it eventually led him to a genius theory of relativity with enormous physics revolution.

In relativity, the real deal in mathematics of life, this table will help one to understand that a 90% loss is actually a 900% loss because you need a gain of 900% to break even the loss; similarly, a 95% loss is never a 95% loss but a 1900% loss because you will need to use the rest of your life or half your life to wait for a multi-fold, multi-bagger gain of +1900% to break even. When it comes to power, it is never about absoluteness in life. It is about relativity. Relativity is the first fundamental (approach) involving mathematics, physics and philosophy in synthesis to excel in finance.


I still see Bitcoins and Cryptocurrencies as scams with convincing stories backing them, there is no change to my principle. However, as CME and NASDAQ are both joining the fray, the bubble is guaranteed not to burst for the next 1-3 years. Henceforth, instead of bursting at $10k zone, it is now almost guaranteed to blow to $16384. The appetite for this bubble is big. When $16384 area comes again, I have to see the sentiments and how Wall Street is reacting before I will know if the bubble will burst at 2^14=$16384 or that 2^15=$32768 is the next target.

Reference:


Thursday, 30 November 2017

Bitcoin Derivatives to be launched in NASDAQ and what does it mean?


Bitcoin Derivatives to be launched in NASDAQ and what does it mean?

With all these launch of bitcoin derivatives in NASDAQ and CME, bitcoin WILL NOT crash in the next 1-3 years. Most likely 10,000-20,000 point area ($10,000-$20,000 area @ $1-$10 per point) will be used for shorting. Shorts will start accumulating in Wall Street while they support bitcoin prices in the physical bitcoin market.

We will start to see convincing stories being spun to support bitcoins, and how non-believers will start to believe in them but join in the shorts firing squad and prepare for collecting shorts. We will also hear even more stories of how bitcoins will change the future of payment systems. This is to facilitate for shorting as the next stage.

This is becoming lucrative now: to convince a sizable greedy herd to buy bitcoins from the $10,000-$20,000 range set-up, tempting them to speculate longs while shorting these bitcoin derivatives in the NASDAQ, CME and over the counters. Once enough shorts are accumulated, the physical bitcoin market is easy to crash to the core of the earth. The software scripted robots, Willy and Markus, and Spoofy's round robin S.O.P had proven this.

When it is time for shorting, I will make my live trades on bitcoins, but for now, the opera show will see bitcoins consolidate, prepare for NASDAQ listing, and continue to go up to $16,384 for shorting process to start rolling in ($10,000-$16,384 is a set-up process akin to a volley ball set-up before a smack). $16,384 is the next target once $10,000 psychological resistance had been broken up. In exponential terms, as 2^13= $8192 had been hit (my previous target of $8000-$9000 and $10000 respectively hit), 2^14 = $16,384 is the next target for major shorting at the exponential curve. $10,000 point will not trigger any crash from the current exponential curve because of NASDAQ listing. Due to the NASDAQ listing, Wall Street will guarantee that physical bitcoins will not crash for the next 1-3 years counting from December 2017, because bitcoin is a lucrative bubble now. 

Additional Note:

Sept 2013 to Nov 2013: the 2 robots, Willy and Markus, bought in 570000 bitcoins, bitcoins raised from US$200 to US$1000. The same hands exchanged hands and pulled up bitcoin prices, and people thought it is real liquidity.


1H-2017: Spoofy used merely US$60m and 24000 bitcoins to manipulate bitcoin market at its free will. There seems no regulator or watchdog who is able to regulate the frying. Cryptocurrency Bitcoins went up from US$1000 to US$5000 in phoney value. Similar to Willy and Markus, but using round robin. The round robin transfer of hands caused mainly the price change.

2H-2017: Main street starts to get interested in tulips. Prices exist without value existing. Phoney value without any regulator able to do much.

Reference:
http://www.businessinsider.sg/nasdaq-set-to-launch-bitcoin-futures-2017-11/


Wednesday, 29 November 2017

Singapore Straits Times Index: What to expect next?

Singapore Straits Times Index: What to expect next? 
29 November 2017, Wednesday, 12.21pm Singapore Time
(Click on Technical Chart Above to Expand)

Attached is the technicals for the Singapore Straits Times Index. The green zones are my live forewarnings in 1H-2016 and 2H-2016 to get back into the financial markets cautioning before prices move that the sell-off would be about to end (amidst widespread bearish conviction among the herd). The light green zone is the break-up per my forewarnings. The purple arrows are series of major waves that markets made right after my bullish forewarnings. The pink zones are international financial markets' show of intentions in 2H-2017 to absorb all breakdowns and carry on positive momentum.

Now comes the more important points and the look-ahead. The Singapore markets deliberately over-rallied to break up the turquoise coloured classical band of support at 3274-3360 points just before market-dampening news of increment in tax rates and increment in GST tax rates came out. This ensures that once the market-negative tax news is out now, markets will have no chance of breaking down critical supports; instead it will have the chance to use these bearish tax news to retrace and confirm long term bull market supports (yellow zone).  The movement is for re-accumulation and adding of positions using bearish news (while public would be pessimistic) and not for selling. This intention had already been confirmed by where the orange arrow is pointing. 

On macro-technical conclusion, we will start 2018 at lower points with respect to November-December 2017 price-action points. In doing so, this ensures that all supports are back-tested and long term bull markets are double confirmed at higher points by the time markets open the new year 2018 at the retraced yellow zones. Once the new year 2018 starts, a new wall of worries would had already been erected for the weak-minded traders and investors, and quite a handful of market investors would be shaken out again. This is good. This will henceforth set the launchpad for Straits Times Index beyond 4000-4500 points. US financial Sector (refer to previous analysis of the SPDR Financial Select Sector) will continue to provide north-bound fuel for worldwide stocks and equities markets. 


Reference to Previous Analysis of the SPDR Financial Select Sector:
https://donovan-ang.blogspot.sg/2017/10/spdr-financial-select-sector-starting.html


Sunday, 19 November 2017

马来西亚股票市场:为何接下来将会屡屡创下历史天高 (技术量价结构)

马来西亚股票市场技术图表 1
(请点击技术图表以便加以放大)

以上为马来西亚吉隆坡综合指数技术图表1:
2013-2014年间,我预先警告油价将大崩盘,新兴市场和马来西亚股市将会有崩盘式大抛售。股市在我预警后随后2年进行大抛售。所有预警于股市有所行动前发出。

2016年期间,大众散户高喊熊市,我反转并预警,大户与国际热钱、基金型资金等全面进行大量进货,以上三个圈起之预警都是于1H-2016和2H-2016年股市有所动向前发出。股市在我预警后有明显上升的趋势。所有预警都是于股市有所行动前发出。

马来西亚股票市场技术图表 2
(请点击技术图表以便加以放大)

接下来为马来西亚吉隆坡综合指数技术图表2:
图表中有7大重点(详见技术图表)。

重点1:
2014年间,此洪量之红量(红圈1)同步于大宗商品、大宗商品货币和新兴市场货币之熊量,因此大红量可判断为高点大量卖出,随之而来的普通之量也可均判为出货之量。深红之处也乃主控家、操盘手越卖越急之现象。在我预警后,大盘主要市场随之恐慌性抛售。

大盘崩盘式下杀后,反弹急促,反弹后接踵而来的下杀也急,然而随之而来的反弹还是急促,下杀又还是依然凶猛,这足以代表此崩盘式下杀不是熊市,熊市测试正在进行中,而熊市测试也会被否定掉。

重点2与重点4:
整个绿色价构乃熊市测试之结果,此架构为大架构,结果故属大结果也因此属于重要之测试结果,熊市于2016年如我预警,很强烈地被否决掉了。否定熊市的同时,还出现了三足确立之现象,重量级隐形之强手高量支撑买入,这意味着热钱、大户和大型基金等趁众散户对大市熊观之时大举默默入货,重新启动全新的牛市(新一波的超级大牛市诞生);牛市由这区域的增量(散户出、热钱入)而有了强“脚”。有了这三足鼎立(见图表首三个绿圈),再加上否定熊市的量价结构之确立(国际热钱高量并大举入市,锁入低价并抱持满仓的股票),因而2018年、2019年的未来几年,新兴市场如马来西亚等将会有超级大牛市。

重点3:
此红量乃热钱对大势的信心,爆量支撑买入股票,趁大众散户和其他无知的大户排队出场之时,聪明的隐形热钱大量偷偷入市。这才有2017年的大破1701-1727之阻力

重点5:《新牛市之确立》:
突破1701-1727阻力就是告诉你,1701-1727以下都是花了许多时间、砸了何许多的金钱、花了九牛二虎之力等买入且入市的,高举入货附带信心否定了熊市的,这隐喻了世界包括马来西亚未来几年是不会有任何熊市的,反而会出现超级大牛市,不然大费周章干啥?后知后觉的大型基金会等重点6入场,愚昧无知的马鹿野郎之辈就只能继续愚昧无知下去吧。

重点6与重点7:
国际金融市场由于有太多马鹿看错走势而有所动力往上飙,亚洲、新兴市场如马国将全力暴涨,未来几年狂飙不止,而且不停地刷下历史新高。黄色曲线乃回测确立大牛市之曲线,这区域会有很多后知后觉的大型基金、资金和热钱大量买入、它们会竞相买入股票、证券,而当然,此时坏消息面会继续出现,马鹿野郎们还是会高喊熊市、小心的旗帜。我的实地考察结果也证实,绝大多数散户(大分比,绝对的多数)都看淡未来、看淡市场,不过这是很好的现象,没雄赳赳的马鹿,哪来的老虎饱口福?

额外备注:
年终前还会有推出很多数据扶持技术面之论点。

Thursday, 16 November 2017

SPDR Financial Select Sector and Implications: 16 November 2017, Thursday, 11.58am Singapore Time

SPDR Financial Select Sector and Implications: 
16 November 2017, Thursday, 11.58am Singapore Time
(Click on Technical Chart Above to Enlarge)

Attached is the technicals for the SPDR Financial Select Sector. It is worth reiterating that if you are an investor or trader in the financial markets, you have to know that starting from 3Q-2017, major gap-ups in the US Financial Sector will now almost always yield fast significant rallies in worldwide banking stocks (refer to previous analysis as attached below for reference). In Wall Street, financial and banking stocks had been resilient in doing any correction for the past week (refer to sector ranking beside technical chart). In fact, in the 1 day performance ranking of the sectors, the banking/financial sector as a whole does not want to chalk up much negativity to the 1-week corrections anymore. Bank stocks and financial stocks worldwide are preparing to super rally again. Load more bank stocks on dips, any bank stock from any part of the world will all continue to super rally.

Reference to Previous Analysis of the SPDR Financial Select Sector:
https://donovan-ang.blogspot.sg/2017/10/spdr-financial-select-sector-starting.html


Wednesday, 15 November 2017

WTI Light Crude Oil: 15 November 2017, Wednesday, 11.22pm Singapore Time

WTI Light Crude Oil: 
15 November 2017, Wednesday, 11.22pm Singapore Time
(Click on Chart Above to Expand)

For those who are in short term swing/position trading, WTI light crude oil will be doing short term healthy correction within a long term uptrend. The expected trajectory is illustrated as above. As the previous ascent in crude oil had been too steep, the reversion to mean is expected to take place. $51.00-$52.00 ichimoku cloud supports are expected to be backtested before long term uptrend can resume. Crude oil related stocks worldwide will use the above crude oil technicals as a guide in their movements. Short term healthy retracement with long term energy bull expected to carry on in 2018.


Friday, 10 November 2017

EQT Corp (NYSE: EQT): 10 November 2017, Friday, 10.16am Singapore Time

EQT Corp (NYSE: EQT): 
10 November 2017, Friday, 10.16am Singapore Time
(Click on Technical Chart Above to Enlarge)

Attached is the technicals for EQT Corp listed in the US Market (NYSE: EQT). This is in tune with the following theme: "US-China Cooperation and Oil, Gas and Energy Deals of November-2017".

There existed strong buying and weak selling for the whole of three months before Donald Trump's visit to China and just before the Oil, Gas and Energy Deals struck with China (refer technicals on chart). There is also a high volume break-up of mid-term channel now -- bullish. EQT Corp will rally for the short term, mid term and long term. EQT Corp will rally for the rest of 2017 and the whole of 2018. 

Donovan Norfolk Ang Technical Rating:
Strong Buy

US-China Cooperation and Energy Deals: 10 November 2017, Friday, 7.37am Singapore Time

US-China Cooperation and Energy Deals: 
10 November 2017, Friday, 7.37am Singapore Time
(Click on Image Above to Enlarge)

US energy companies opened low and ended high yesterday. This is why I had stressed several times yesterday that smart hedge funds, including mine, will be closely watching US President Donald Trump's visit to Asia and, in particular, to China. 

The most glaring focus as of now is the oil, gas and energy deals struck between the 2 superpowers. US seeks to increase exports of its natural gas. The attached above are the immediate list of energy companies that will have their stock and equity share prices significantly higher than where they are currently, starting from yesterday 9 November 2017. It is worthwhile to shortlist these stocks for intense buying and investing.

Come 2018, the stock prices of these companies will be rallied to much higher grounds:

1. Chesapeake Energy
2. ExxonMobil
3. EQT
4. Southern California Gas Company
5. National Fuel Gas
6. Devon Energy
7. Noble Energy
8. Continental Resources
9. Kinder Morgan

Donovan Norfolk Ang Technical Rating:


Wednesday, 8 November 2017

Genting Singapore: 8 November 2017, Wednesday, 11.50pm Singapore Time

Genting Singapore: 
8 November 2017, Wednesday, 11.50pm Singapore Time
(Click on Technical Chart Above to Expand)

Attached is the technicals for Genting Singapore, a casino stock that is listed in Singapore SGX. The red circled region and before are the years of 2011 and 2012 where I gave live analyses and live forewarnings calling for short-sells and sells on Genting at $2.20, $2.10 and $2.00 respectively. The year 2014 (red circled region) is where I gave calculations, analyses, and live forewarnings calling for Genting to plunge severely to 86cents region to end its downwave (refer to past time-stamped track records on analysis site).

The yellow boxed region is where Genting made a bottom and huge accumulation at below 86cents support line (hiding under support line for re-accumulation using fear), true to my forewarnings of year 2011-2012 and year 2014. Genting consolidated in year 2015 and 2016

The 2 green circled regions are my live warnings on 8 September 2016 and 24 January 2017 calling for big maximum bullish reversal and to do massive buys on Genting at 76.5cents and 94.5cents respectively (refer to these 2 analyses in my analysis site). This was in tune to my live forewarnings back in 1H-2016 and 2H-2016 that worldwide markets will suddenly negate bear market technical price structures and execute massive bullishness from 2016 on, despite public sentiments being very negative.

Genting has currently executed a very high volume gap-up, holding of the gap-up and continuing to rally strongly after this gap-up. This is a strong show of bullish intention to rally a lot more. $2.00 would be the next psychological target, and I will expect Genting to rally much above $2.00 easily, like a hot knife through hard butter (at least more than +200% profits from this safe stock by then).

Past Genting Analysis Reference (Track Records):


SnapChat (NYSE: SNAP) using Professional DNA Volume Analysis: 8 November 2017, Wednesday, 5.10pm Singapore Time

SnapChat (NYSE: SNAP): 
8 November 2017, Wednesday, 5.10pm Singapore Time
(Click on Technical Chart Above to Expand)

Attached is the technicals for SnapChat (NYSE: SNAP) using Professional DNA Volume Analysis. The first trading day of the IPO set up a benchmarked $17.00 for future reference as to whether this stock was a pump and dump distribution stock or a quality accumulation stock. The $17.00 is a high volume support formed by the base of the bullish white candle. As it turned out, this stock suffered a breakdown in July 2017, weak rebound in August and September 2017 and a high volume green bar that merely back-tested the resistance as a resistance volume (green bar selling volume). This becomes a technical certification that the stock is a sell-stock and the IPO had been pumped and dumped.

 This is an example of a stock that hedge funds industry use shorts on thrashy weak stocks to hedge their portfolio of quality longs and investments. 

When markets are down, the quality portfolio will not correct down too much, but such weak stock will be hammered; and if markets are up, such weak stock will not go up much and the rest of the quality stocks portfolio rally up in value.

The nett result is low risk committed and high rewards virtually assured.